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January 14th, 2007

Nanotechnology and oil services firms to list

Two companies are set to join the ranks of Aim-listed businesses. Global Process Systems, a Dubai-based oil services group, plans to raise about 25m in a placing and is likely to be valued at 76m. Its customers include Royal Dutch Shell, Premier Oil and Occidental. Moving up to Aim today from Plus Markets, formerly Ofex, is Ashley House, which designs and builds healthcare centres and GP surgeries. It will have a market capitalisation of 40m. Nanotechnology specialist Advance Display Technologies will join Plus with shares priced at 50p each, valuing it at 25m.


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